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Embria will Invest One Million Dollars in the Russian Service
4.03.2020 12:14
Embria will Invest One Million Dollars in the Russian Service

Embria company will invest one million dollars in the Russian platform for the marketing of ASOdesk mobile applications. The investment phase will last for a year and consist of two stages: the second tranche will be transferred if the company meets the KPI indicators.

      Embria will obtain a minority stake in the service; its size is not disclosed. ASOdesk told to the publication that the funds raised will be spent on the product development and international expansion. The company plans to enter several European markets. At the same time, in order to maintain its position in the CIS markets, the team will also be expanded.

Author: Anna Dorozhkina

Tags: Russian business Russian companies    

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